Tag: real estate news florida

Schroder Real Estate Investment Trust (LON:SREI) Shares Pass Below 200-Day Moving Average of $44.86

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Schroder Real Estate Investment Trust Limited (LON:SREI – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 44.86 ($0.58) and trades as low as GBX 39.65 ($0.51). Schroder Real Estate Investment Trust shares last traded at GBX 40.65 ($0.52), with a volume of 198,852 shares.

Schroder Real Estate Investment Trust Stock Up 2.2 %

The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 48.31. The stock has a market capitalization of £203.23 million, a PE ratio of 338.75 and a beta of 0.59. The stock’s fifty day simple moving average is GBX 43.62 and its 200-day simple moving average is GBX 44.86.

Schroder Real Estate Investment Trust Increases Dividends

The business also recently declared a dividend, which was paid on Friday, June 30th. Investors of record on Thursday, June 15th were issued a GBX 0.84 ($0.01) dividend. This is an increase from Schroder Real Estate Investment Trust’s previous dividend of $0.82. This represents a dividend yield of 1.88%. The ex-dividend date was Thursday, June 15th. Schroder Real Estate Investment Trust’s payout ratio

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Brace for a Wave of Commercial Real-Estate Defaults

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  • Billionaire investor Howard Marks sounded the alarm on the commercial real-estate sector.
  • The Oaktree Capital co-founder warned of mortgage defaults that could add stress to the US financial system.
  • “We’re very likely to see mortgage defaults in the headlines, and at a minimum, this may spook lenders,” Marks said.

Billionaire investor Howard Marks raises the alarm on commercial real estate in what he labels as “one of the biggest worries” US banks face today.

In a Monday memo, the Oaktree Capital Management co-founder warned of a wave of mortgage defaults that could add stress to the US banking sector.

“We’re very likely to see mortgage defaults in the headlines, and at a minimum, this may spook lenders, throw sand into the gears of the financing and refinancing processes, and further contribute to a sense of heightened risk,” Marks said.

“Developments along these lines certainly have the potential to add to whatever additional distress materializes in the months ahead,” he added.

The commercial real-estate market has become investors’ newest concern thanks to higher interest rates, tighter lending

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Population ‘moving south in droves’ creates opportunities for US real estate investments

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This is Globe Advisor’s weekly newsletter for professional financial advisors, published every Friday. If someone has forwarded this newsletter to you via e-mail, or you’re reading this on the web, you can register for Globe Advisorthen sign up for this newsletter and others on our newsletter sign-up page.

More investors are turning to alternative investments such as private real estate, equity and debt to help balance their portfolios.

Real estate is particularly appealing to Canadians, both at home and across the border in the US. Perhaps not surprisingly, Canadians made up the largest share of foreign buyers of US property, or 11 per cent of purchases, from April 2021 to March 2022, followed by Mexicans, at 8 per cent, and Chinese, at 6 per cent, according to the National Association of Realtors.

For investors, real estate may not sound like a great investment today, given rising interest rates. However, some argue it’s an attractive time to buy into the asset class, particularly the lenders.

“Floating-rate assets paired with attractive characteristics can offer investors a way to mitigate inflation risk,” says Dean Kirkham, president and chief operating officer at real estate financier Trez Capital in Vancouver.

Globe Advisor spoke

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Tucson real estate companies agreed to pay $375K in consumer fraud case

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Two Tucson real estate companies accused of consumer fraud agreed to pay $375,000 in restitution and fees, according to the Arizona Attorney General’s Office.

Of the accused in the 2021 case were companies Deed and Note Traders and 881Home as well as their manager, David Kinas, for hiding or misrepresenting the underlying mortgages for homes they were selling, ultimately trapping consumers into mortgages they never bargained for, according to a Thursday news release.

“David Kinas and his real estate companies sold the promise of home ownership with rent-to-own property sales to Arizona consumers, but the home-buyers instead received homes weighed down with the sellers’ own undisclosed mortgage debts,” Attorney General Kris Mayes said in the statement.

Arizona Attorney General Kris Mayes, seen here during her ceremonial inauguration Jan. 5, 2023, said David Kinas and his companies decided Arizona consumers, selling them properties with undisclosed mortgage debts.

According to the lawsuit, Kinas had also failed to pay some of the underlying mortgages, even having his companies foreclose on homes after they had already been sold to consumers.

In a breakdown of Kinas’ handling, the attorney general’s office said that consumers were sold homes through a rent-to-own arrangement with owner-provided financing or seller carry-back financing. Kinas’ companies would act as both the seller and the lender, rather than as a bank or other mortgage lender.

Furthermore, consumers weren’t given clear title to

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What Does the Latest UK House Price Index Mean for Investors?

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According to the latest UK House Price Index, property values ​​saw a subtle yet significant rise over the course of 2022, ending on a December average of £294,329 – an increase of over £21,000 from the opening January price.

Having closed the year with an average property value of over £26,000 more than the previous December, 2022 signified another healthy growth period for the UK market.

The summer months brought them the most movement with a decrease in the average property price of 5.3% between May and June, before a significant 7.4% rise between June and July.

Regionally, the South East saw the biggest increase in property value (£29,185) between January and December 2022, with London not far behind with a rise of £25,760 between the start and end of the year.

Notably, however, property prices in these regions are well above the UK average, with London property currently valued at least £250,000 more than the rest of the country.

Of more interest to investors should perhaps be the more affordable Midland and Northern regions. The East Midlands, for example, saw a rise in property prices of £24,292 between the start and end of the year, with property values ​​peaking

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Canada’s Luxury Real Estate Market Is Still Going Strong & Here’s How Much People Are Paying

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With inflation and rising interest rates, it’s probably no surprise that Canadian house prices are predicted to fall in 2023.

However, it looks like one sector isn’t being affected all too much.

According to the latest report by real estate brand Engel & Volkers, Canada’s luxury real estate market is thriving. Yup, even in this market.

The company’s 2022 Year-End Luxury Real Estate Market report found that while rising interest rates had “triggered market normalization,” many luxury markets are holding their value.

In Halifax, for example, the luxury real estate market actually grew in 2022. In 2021, homes priced over 1 million accounted for 2.6% of all units sold, which grew to 4.6% in 2022.

Moreover, the number of condos sold, which were priced between $1 and $3.99 million also increased, from 13 in 2021 to 20 in 2022.

In Montreal, sales volume dipped by 55% in the second half of 2022. However, despite this, the provinces saw the prices for all property types combined hold in the $1 million to $3.99 million range.

Ottawa’s $1 million-plus market saw year-over-year growth in sales volume.

In Toronto, the sales volume of condos priced between $1 – $3.99 million went up by

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Canadian luxury real estate entering ‘buyer’s market’: Report

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Canadian luxury real estate may be shifting into buyer’s market conditions this year, according to a new report from Sotheby’s International Realty Canada, as prices readjust from pandemic-related upheavals.

The report issued Wednesday said buyers and sellers retreated from the luxury market in 2022 as the housing market responded to challenges like interest rate hikes, high inflation and regulatory challenges, setting the stage for prices to cool this year amid continued demand for housing.

Don Kottick, president and CEO of Sotheby’s International Realty Canada, said luxury housing segments in some Canadian metropolitan areas were either approaching or already in buyer’s market conditions by the end of 2022, and he predicted another “important adjustment” on pricing on the horizon in the coming months.

“It has taken several months for home sellers to realize the impact of the changing market on the market values ​​of their properties. As new property listings come onto the market in 2023, their pricing will shift to meet current realities,” Kottick said in a written statement.

“This will start to unlock long-awaited opportunities for buyers and upsizers to purchase homes that meet their lifestyle needs as they acclimatize to the market.”

Sotheby’s report found luxury sales fell

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Liverpool Voted Best Place to Live and Work in the UK

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The vast majority of those who live in Liverpool are happy with their life in the city for multiple reasons.

75% of residents are happy with their life in the city, thanks to the wide array of jobs available and the vibrant cultural opportunities.

Numerous major employers have offices or locations within the city, such as McDonalds, Amazon, Tesco and the BBC, as well as banks like Santander. Combine this with the respected multiple universities in Liverpool, and there is a large population of young professionals and students within the city.

Areas such as the Baltic Triangle and Liverpool ONE mean residents have a wide array of eateries, shops, and activities to entertain themselves with, while the city is renowned for its vibrant nightlife scene.

Property in Liverpool is also highly affordable, with the UK House Price Index revealing that the average house price in Liverpool as of October 2022 is £180,049. This is over £100,000 more than the national average of £296,422.

This means Liverpool residents are less affected by the cost of living crisis due to the wide array of affordable housing.

On top of this, the research conducted by OneFamily shows that Liverpudlians are most likely to

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